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Rupee loses 12 paisas vs dollar

ISLAMABAD   –   The exchange rate of Pakistani rupee weakened by 12 paisas against the US dollar in the interbank trading on Monday and closed at Rs152.93 as compared to the previous day’s closing of Rs152.81. According to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were recorded at Rs152.5 and Rs153.4 respectively. Similarly, the price of euro appreciated by 97 paisas and closed at Rs183.75 against the last day’s trading of Rs182.88, the State Bank of Pakistan reported. The Japanese Yen gained one paisa to close at Rs1.41, whereas an increase of Rs 2.27 paisas was witnessed in the exchange rate of British Pound, which was traded at Rs 212.22 as compared to its last closing of Rs 209.95. The exchange rates of Emirates Dirham and Saudi Riyal increased by three paisas to close at Rs 41.63 and Rs 40.77 respectively.

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